In this chart I spot a Bearish Divergence in which RSI momentum going down and price go up. it will be a sign of last bullish High and will go down and trend moves towards Distribution phase and then down trend/bearish. In this zone we avoid trade until we spot a clear indication of trend SO DONOT TRADE
CME_MINI:NQH2024 - PR High: 17590.75 - PR Low: 17563.25 - NZ Spread: 61.5 FOMC day 14:00 | FOMC Meeting Minutes Sold to 17550 inventory zone - Volume returned to avg Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 236.34 - Volume: 22K - Open Int: 286K - Trend Grade: Bull - From BA ATH: -3.1%...
Yesterday EURUSD broke over 1,0800 and held on these levels. There are no buy grounds at the current levels. Upon a drop we will be looking for reaction from the support levels. A reason and a good ratio are required for an entry. Meanwhile we’re looking at other instruments for better opportunities.
Front seems to be printing a textbook inverse Head and Shoulders right now. It was once the victim of a PnD in 2021, however a seedy character's past actions does not invalidate it as a potential investment. There looks to be vertical accumulation happening since Oct '23 and a nice S/R flip of the ~$0.40-0.42 range. Target at the 0.236 Fib retracement level
400 levels are the good buying area. Once can start buying few quantities every month. Fibonacci levels and predicted price movements are as marked in chart. Next target would be 600.
AMEX:SPY February 21, 2024 15 Minutes. AMEX:SPY managed to hold 495 levels.. Made alow at 494.48. And that bat had a good close near the top of the bar. As we can see in the chart the fall from 502.86 to 494.8 was steep. Hence some sideways going on to catch up averages. If I consider the fall from 502.89 to 494.48, I expect a resistance of around 49.5...
FX:EURUSD The currency pair EURUSD has been exhibiting a solid downtrend, adhering strictly to the trendline until the price started consolidating at the lows, indicating a possible shift in momentum. The recent break of this trendline suggests a potential bullish movement in the near future. However, at the .618 on the Fib, the price broke structure to the...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 5.1/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
This is a follow up to my post linked below. AVAX broke out of range and ran to major resistance. At a Genesis (from birth) Golden fib plus local Golden. This could end this particular wave, or break and run. Drag the PRICE scale DOWN to see other zones above. $ 43 is the immediate resistance then $49 per last high. $ 69 above is the next Golden fib (sister of...
Using as a reference tool to compare the growth of Bitcoin (BLX chart) with the Global Economy as a metric and finding a solid bottom for the Global Economy metric at the 1.618 retracement in late September 2023 BLX (orange/white) candles Global Economy (blue/white candles) Global Economy Includes: ------------------------------- US total assets Central Bank...
Here's a late post of my weekly levels for NQ. Price already flushed the Feb 13th low but recovered back above it today. If price cannot hold the Feb 13th low look for a retest of today's low. Market clealy nervous going onto FOMC minutes and NVDA earnings tomorrow.
As other alts, JASMY has passed the resistance and now should be directing to the 1.618. The 1.618 religion is back!
As seen on the chart - stop buy order placed. If the next bullish move comes I take it to the next level ....
In time h1, after the failure of the resistance, which has now turned into support, and in dealing with the dynamic trigger, which has had a positive reaction several times and caused the price to grow. Now it is approaching the dynamic trigger as well as the support area. Therefore, if the current area encounters a reversal candle, it will have the ability to...
As the chart shows - I've entered a stop order and will be long if the trendline breaks.
A quick look at ETH to USDT on the 4-hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the Trend based fib extension grid, you can see that the price is struggling with the resistance of $2,995, and then there is significant resistance at $3,168. Looking the other way, you can see the support zone from $2,887 to...
Rune might be going to visit the daily FVG a buy opportunity is comimg again. ●Rune should not lose the Daily FVG, if daily FVG is lose then rune will be going for $4.230.
In USOIL - Crude Oil, we can spot a Bullish divergence but the trend in going bearish with clear HL & LL. With my experience, it is not a valid Divergence. FIb retracement value 0.382 is valid because after LL it retest that value and now it will go down.